Science Group PLC Issue of Share Options and PDMR Dealing (0152J)
September 06 2016 - 2:01AM
UK Regulatory
TIDMSAG
RNS Number : 0152J
Science Group PLC
06 September 2016
6 September 2016
Science Group plc
(the "Company")
Issue of share options and PDMR dealing
Science Group plc (AIM:SAG) announces that on 5 September 2016
the Company granted options ("Options") over 100,000 ordinary
shares in its share capital to Andrew Diston, PDMR, under the
Company's Performance Share Plan.
Each of these Options vest after three years from the date of
issue and are exercisable at the nominal value of the share of 1
pence per share for a period of seven years from vesting, provided
that certain performance conditions have been satisfied. Up to 50
per cent of the Options may vest subject to the achievement of
Earnings per Share growth targets in each of the three financial
years 2016-2018. Up to a further 50 per cent of the Options may
vest subject to achievement of a Total Shareholder Return target
over a three year period.
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them
1. Details of the person discharging managerial
responsibilities/person closely associated
--- -----------------------------------------------------
a) Name: Andrew Diston
--- -----------------------------------------------------
2. Reason for the notification
--- -----------------------------------------------------
a) Position/status: Group Science & Technology
Director
--- -----------------------------------------------------
b) Initial notification/Amendment: Initial notification
--- -----------------------------------------------------
3. Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- -----------------------------------------------------
a) Name: Science Group plc
--- -----------------------------------------------------
b) LEI: n/a
--- -----------------------------------------------------
4. Details of the transaction(s): section to
be repeated for (i) each type of instrument;
(ii) each type of transaction; (iii) each
date; and (iv) each place where transactions
have been conducted
--- -----------------------------------------------------
a) Description of the financial instrument, type
of instrument: Ordinary shares of 1p each.
Identification code: GB00B39GTJ17
--- -----------------------------------------------------
b) Nature of the transaction: Grant of share
options
--- -----------------------------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
--------- ----------
1p 100,000
--------- ----------
--- -----------------------------------------------------
d) Aggregated information:
* Aggregated volume: 100,000
* Price: GBP1,000
--- -----------------------------------------------------
e) Date of the transaction: 2016-09-05
--- -----------------------------------------------------
f) Place of the transaction: XLON
--- -----------------------------------------------------
- Ends -
For further information:
Science Group plc
Martyn Ratcliffe, Chairman Tel: +44 (0) 1223
875 200
Rebecca Hemsted, Finance Director
Numis Securities Limited
Nominated Adviser: Simon Willis Tel: +44 (0) 20
/ Paul Gillam 7260 1000
Corporate Broking: Michael
Burke
This information is provided by RNS
The company news service from the London Stock Exchange
END
DSHDBGDCLUGBGLU
(END) Dow Jones Newswires
September 06, 2016 02:01 ET (06:01 GMT)
Science (LSE:SAG)
Historical Stock Chart
From Apr 2024 to May 2024
Science (LSE:SAG)
Historical Stock Chart
From May 2023 to May 2024